XML 57 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Guarantor Subsidiaries And Non-Guarantor Subsidiaries (Tables) | 6 Months Ended
--- | ---
Jan. 31, 2013
Guarantor Subsidiaries And Non Guarantor Subsidiaries |
Supplemental Condensed Consolidating Balance Sheet | Supplemental Condensed Consolidating Balance Sheet As of January 31, 2013 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Current assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 129,258 |  |  | $ | 7,321 |  |  | $ | — |  |  | $ | 136,579 |
Restricted cash |  | — |  |  | 10,979 |  |  | 1,215 |  |  | — |  |  | 12,194 |
Trade receivables, net |  | — |  |  | 49,475 |  |  | 4,011 |  |  | — |  |  | 53,486 |
Inventories, net |  | — |  |  | 70,095 |  |  | 246 |  |  | — |  |  | 70,341 |
Other current assets |  | 27,586 |  |  | 20,988 |  |  | 1,059 |  |  | — |  |  | 49,633 |
Total current assets |  | 27,586 |  |  | 280,795 |  |  | 13,852 |  |  | — |  |  | 322,233 |
Property, plant and equipment, net |  | — |  |  | 1,010,349 |  |  | 47,050 |  |  | — |  |  | 1,057,399 |
Real estate held for sale and investment |  | — |  |  | 216,815 |  |  | — |  |  | — |  |  | 216,815 |
Goodwill, net |  | — |  |  | 269,875 |  |  | 1,887 |  |  | — |  |  | 271,762 |
Intangible assets, net |  | — |  |  | 73,022 |  |  | 19,568 |  |  | — |  |  | 92,590 |
Other assets |  | 6,573 |  |  | 41,469 |  |  | 4,367 |  |  | (9,459 | ) |  | 42,950 |
Investments in subsidiaries |  | 1,788,271 |  |  | (1,798 | ) |  | — |  |  | (1,786,473 | ) |  | — |
Advances |  | (446,303 | ) |  | 443,135 |  |  | 3,168 |  |  | — |  |  | — |
Total assets |  | $ | 1,376,127 |  |  | $ | 2,333,662 |  |  | $ | 89,892 |  |  | $ | (1,795,932 | ) |  | $ | 2,003,749 |
Current liabilities: |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 6,502 |  |  | $ | 302,077 |  |  | $ | 8,925 |  |  | $ | — |  |  | $ | 317,504 |
Income taxes payable |  | 14,979 |  |  | — |  |  | — |  |  | — |  |  | 14,979 |
Long-term debt due within one year |  | — |  |  | 587 |  |  | 219 |  |  | — |  |  | 806 |
Total current liabilities |  | 21,481 |  |  | 302,664 |  |  | 9,144 |  |  | — |  |  | 333,289 |
Long-term debt |  | 390,000 |  |  | 41,759 |  |  | 57,738 |  |  | — |  |  | 489,497 |
Other long-term liabilities |  | 28,050 |  |  | 200,968 |  |  | 10,598 |  |  | (9,459 | ) |  | 230,157 |
Deferred income taxes |  | 140,582 |  |  | — |  |  | 122 |  |  | — |  |  | 140,704 |
Total Vail Resorts, Inc. stockholders’ equity (deficit) |  | 796,014 |  |  | 1,788,271 |  |  | (1,798 | ) |  | (1,786,473 | ) |  | 796,014 |
Noncontrolling interests |  | — |  |  | — |  |  | 14,088 |  |  | — |  |  | 14,088 |
Total stockholders’ equity |  | 796,014 |  |  | 1,788,271 |  |  | 12,290 |  |  | (1,786,473 | ) |  | 810,102 |
Total liabilities and stockholders’ equity |  | $ | 1,376,127 |  |  | $ | 2,333,662 |  |  | $ | 89,892 |  |  | $ | (1,795,932 | ) |  | $ | 2,003,749 |
Supplemental Condensed Consolidating Balance Sheet As of July 31, 2012 (in thousands)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Current assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 38,380 |  |  | $ | 7,673 |  |  | $ | — |  |  | $ | 46,053 |
Restricted cash |  | — |  |  | 13,300 |  |  | 984 |  |  | — |  |  | 14,284 |
Trade receivables, net |  | — |  |  | 64,185 |  |  | 1,558 |  |  | — |  |  | 65,743 |
Inventories, net |  | — |  |  | 65,673 |  |  | 200 |  |  | — |  |  | 65,873 |
Other current assets |  | 24,458 |  |  | 15,522 |  |  | 437 |  |  | — |  |  | 40,417 |
Total current assets |  | 24,458 |  |  | 197,060 |  |  | 10,852 |  |  | — |  |  | 232,370 |
Property, plant and equipment, net |  | — |  |  | 1,000,767 |  |  | 48,440 |  |  | — |  |  | 1,049,207 |
Real estate held for sale and investment |  | — |  |  | 237,668 |  |  | — |  |  | — |  |  | 237,668 |
Goodwill, net |  | — |  |  | 268,058 |  |  | 1,711 |  |  | — |  |  | 269,769 |
Intangible assets, net |  | — |  |  | 72,751 |  |  | 19,319 |  |  | — |  |  | 92,070 |
Other assets |  | 7,113 |  |  | 42,939 |  |  | 5,937 |  |  | (9,459 | ) |  | 46,530 |
Investments in subsidiaries |  | 1,775,195 |  |  | (553 | ) |  | — |  |  | (1,774,642 | ) |  | — |
Advances |  | (421,115 | ) |  | 418,001 |  |  | 3,114 |  |  | — |  |  | — |
Total assets |  | $ | 1,385,651 |  |  | $ | 2,236,691 |  |  | $ | 89,373 |  |  | $ | (1,784,101 | ) |  | $ | 1,927,614 |
Current liabilities: |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 6,542 |  |  | $ | 215,308 |  |  | $ | 5,688 |  |  | $ | — |  |  | $ | 227,538 |
Income taxes payable |  | 20,721 |  |  | — |  |  | — |  |  | — |  |  | 20,721 |
Long-term debt due within one year |  | — |  |  | 782 |  |  | 208 |  |  | — |  |  | 990 |
Total current liabilities |  | 27,263 |  |  | 216,090 |  |  | 5,896 |  |  | — |  |  | 249,249 |
Long-term debt |  | 390,000 |  |  | 41,817 |  |  | 57,958 |  |  | — |  |  | 489,775 |
Other long-term liabilities |  | 28,104 |  |  | 203,589 |  |  | 10,635 |  |  | (9,459 | ) |  | 232,869 |
Deferred income taxes |  | 137,973 |  |  | — |  |  | 1,420 |  |  | — |  |  | 139,393 |
Total Vail Resorts, Inc. stockholders’ equity (deficit) |  | 802,311 |  |  | 1,775,195 |  |  | (553 | ) |  | (1,774,642 | ) |  | 802,311 |
Noncontrolling interests |  | — |  |  | — |  |  | 14,017 |  |  | — |  |  | 14,017 |
Total stockholders’ equity |  | 802,311 |  |  | 1,775,195 |  |  | 13,464 |  |  | (1,774,642 | ) |  | 816,328 |
Total liabilities and stockholders’ equity |  | $ | 1,385,651 |  |  | $ | 2,236,691 |  |  | $ | 89,373 |  |  | $ | (1,784,101 | ) |  | $ | 1,927,614 |
Supplemental Condensed Consolidating Balance Sheet As of January 31, 2012 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Current assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | — |  |  | $ | 88,164 |  |  | $ | 7,478 |  |  | $ | — |  |  | $ | 95,642 |
Restricted cash |  | — |  |  | 15,164 |  |  | 1,057 |  |  | — |  |  | 16,221 |
Trade receivables, net |  | — |  |  | 47,513 |  |  | 917 |  |  | — |  |  | 48,430 |
Inventories, net |  | — |  |  | 62,340 |  |  | 254 |  |  | — |  |  | 62,594 |
Other current assets |  | 31,801 |  |  | 24,847 |  |  | 350 |  |  | — |  |  | 56,998 |
Total current assets |  | 31,801 |  |  | 238,028 |  |  | 10,056 |  |  | — |  |  | 279,885 |
Property, plant and equipment, net |  | — |  |  | 1,010,430 |  |  | 47,500 |  |  | — |  |  | 1,057,930 |
Real estate held for sale and investment |  | — |  |  | 257,169 |  |  | — |  |  | — |  |  | 257,169 |
Goodwill, net |  | — |  |  | 268,058 |  |  | — |  |  | — |  |  | 268,058 |
Intangible assets, net |  | — |  |  | 72,041 |  |  | 18,155 |  |  | — |  |  | 90,196 |
Other assets |  | 7,620 |  |  | 33,826 |  |  | 4,551 |  |  | — |  |  | 45,997 |
Investments in subsidiaries |  | 1,718,870 |  |  | (4,657 | ) |  | — |  |  | (1,714,213 | ) |  | — |
Advances |  | (376,815 | ) |  | 381,611 |  |  | (4,796 | ) |  | — |  |  | — |
Total assets |  | $ | 1,381,476 |  |  | $ | 2,256,506 |  |  | $ | 75,466 |  |  | $ | (1,714,213 | ) |  | $ | 1,999,235 |
Current liabilities: |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued liabilities |  | $ | 6,579 |  |  | $ | 288,258 |  |  | $ | 6,636 |  |  | $ | — |  |  | $ | 301,473 |
Income taxes payable |  | 19,569 |  |  | — |  |  | — |  |  | — |  |  | 19,569 |
Long-term debt due within one year |  | — |  |  | 850 |  |  | 208 |  |  | — |  |  | 1,058 |
Total current liabilities |  | 26,148 |  |  | 289,108 |  |  | 6,844 |  |  | — |  |  | 322,100 |
Long-term debt |  | 390,000 |  |  | 42,344 |  |  | 57,958 |  |  | — |  |  | 490,302 |
Other long-term liabilities |  | 28,105 |  |  | 206,184 |  |  | 1,340 |  |  | — |  |  | 235,629 |
Deferred income taxes |  | 129,962 |  |  | — |  |  | — |  |  | — |  |  | 129,962 |
Total Vail Resorts, Inc. stockholders’ equity (deficit) |  | 807,261 |  |  | 1,718,870 |  |  | (4,657 | ) |  | (1,714,213 | ) |  | 807,261 |
Noncontrolling interests |  | — |  |  | — |  |  | 13,981 |  |  | — |  |  | 13,981 |
Total stockholders’ equity |  | 807,261 |  |  | 1,718,870 |  |  | 9,324 |  |  | (1,714,213 | ) |  | 821,242 |
Total liabilities and stockholders’ equity |  | $ | 1,381,476 |  |  | $ | 2,256,506 |  |  | $ | 75,466 |  |  | $ | (1,714,213 | ) |  | $ | 1,999,235 |
Supplemental Condensed Consolidating Statement Of Operations | Supplemental Condensed Consolidating Statement of Operations For the three months ended January 31, 2013 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Total net revenue |  | $ | — |  |  | $ | 419,427 |  |  | $ | 6,363 |  |  | $ | (3,339 | ) |  | $ | 422,451 |
Total operating expense |  | 105 |  |  | 313,727 |  |  | 5,957 |  |  | (3,301 | ) |  | 316,488 |
(Loss) income from operations |  | (105 | ) |  | 105,700 |  |  | 406 |  |  | (38 | ) |  | 105,963 |
Other expense, net |  | (6,600 | ) |  | (1,521 | ) |  | (352 | ) |  | 38 |  |  | (8,435 | )
Equity investment income, net |  | — |  |  | 99 |  |  | — |  |  | — |  |  | 99 |
(Loss) income before benefit (provision) from income taxes |  | (6,705 | ) |  | 104,278 |  |  | 54 |  |  | — |  |  | 97,627 |
Benefit (provision) from income taxes |  | 2,547 |  |  | (39,564 | ) |  | (81 | ) |  | — |  |  | (37,098 | )
Net (loss) income before equity in income (loss) of consolidated subsidiaries |  | (4,158 | ) |  | 64,714 |  |  | (27 | ) |  | — |  |  | 60,529 |
Equity in income (loss) of consolidated subsidiaries |  | 64,709 |  |  | (5 | ) |  | — |  |  | (64,704 | ) |  | — |
Net income (loss) |  | 60,551 |  |  | 64,709 |  |  | (27 | ) |  | (64,704 | ) |  | 60,529 |
Net loss attributable to noncontrolling interests |  | — |  |  | — |  |  | 22 |  |  | — |  |  | 22 |
Net income (loss) attributable to Vail Resorts, Inc. |  | $ | 60,551 |  |  | $ | 64,709 |  |  | $ | (5 | ) |  | $ | (64,704 | ) |  | $ | 60,551 |
Supplemental Condensed Consolidating Statement of Operations For the three months ended January 31, 2012 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Total net revenue |  | $ | — |  |  | $ | 372,190 |  |  | $ | 4,324 |  |  | $ | (3,182 | ) |  | $ | 373,332 |
Total operating (income) expense |  | (187 | ) |  | 288,471 |  |  | 3,973 |  |  | (3,143 | ) |  | 289,114 |
Income from operations |  | 187 |  |  | 83,719 |  |  | 351 |  |  | (39 | ) |  | 84,218 |
Other expense, net |  | (6,686 | ) |  | (1,225 | ) |  | (360 | ) |  | 39 |  |  | (8,232 | )
Equity investment income, net |  | — |  |  | 178 |  |  | — |  |  | — |  |  | 178 |
(Loss) income before benefit (provision) from income taxes |  | (6,499 | ) |  | 82,672 |  |  | (9 | ) |  | — |  |  | 76,164 |
Benefit (provision) from income taxes |  | 2,535 |  |  | (32,278 | ) |  | — |  |  | — |  |  | (29,743 | )
Net (loss) income before equity in income (loss) of consolidated subsidiaries |  | (3,964 | ) |  | 50,394 |  |  | (9 | ) |  | — |  |  | 46,421 |
Equity in income (loss) of consolidated subsidiaries |  | 50,353 |  |  | (41 | ) |  | — |  |  | (50,312 | ) |  | — |
Net income (loss) |  | 46,389 |  |  | 50,353 |  |  | (9 | ) |  | (50,312 | ) |  | 46,421 |
Net income attributable to noncontrolling interests |  | — |  |  | — |  |  | (32 | ) |  | — |  |  | (32 | )
Net income (loss) attributable to Vail Resorts, Inc. |  | $ | 46,389 |  |  | $ | 50,353 |  |  | $ | (41 | ) |  | $ | (50,312 | ) |  | $ | 46,389 |
Supplemental Condensed Consolidating Statement of Operations For the six months ended January 31, 2013 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Total net revenue |  | $ | — |  |  | $ | 535,431 |  |  | $ | 9,374 |  |  | $ | (6,004 | ) |  | $ | 538,801 |
Total operating expense |  | 218 |  |  | 518,085 |  |  | 10,762 |  |  | (5,928 | ) |  | 523,137 |
(Loss) income from operations |  | (218 | ) |  | 17,346 |  |  | (1,388 | ) |  | (76 | ) |  | 15,664 |
Other expense, net |  | (13,210 | ) |  | (2,935 | ) |  | (687 | ) |  | 76 |  |  | (16,756 | )
Equity investment income, net |  | — |  |  | 533 |  |  | — |  |  | — |  |  | 533 |
(Loss) income before benefit (provision) from income taxes |  | (13,428 | ) |  | 14,944 |  |  | (2,075 | ) |  | — |  |  | (559 | )
Benefit (provision) from income taxes |  | 5,157 |  |  | (4,773 | ) |  | 101 |  |  | — |  |  | 485 |
Net (loss) income before equity in income (loss) of consolidated subsidiaries |  | (8,271 | ) |  | 10,171 |  |  | (1,974 | ) |  | — |  |  | (74 | )
Equity in income (loss) of consolidated subsidiaries |  | 8,242 |  |  | (1,929 | ) |  | — |  |  | (6,313 | ) |  | — |
Net (loss) income |  | (29 | ) |  | 8,242 |  |  | (1,974 | ) |  | (6,313 | ) |  | (74 | )
Net loss attributable to noncontrolling interests |  | — |  |  | — |  |  | 45 |  |  | — |  |  | 45 |
Net (loss) income attributable to Vail Resorts, Inc. |  | $ | (29 | ) |  | $ | 8,242 |  |  | $ | (1,929 | ) |  | $ | (6,313 | ) |  | $ | (29 | )
Supplemental Condensed Consolidating Statement of Operations For the six months ended January 31, 2012 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Total net revenue |  | $ | — |  |  | $ | 489,224 |  |  | $ | 6,390 |  |  | $ | (5,909 | ) |  | $ | 489,705 |
Total operating (income) expense |  | (59 | ) |  | 488,737 |  |  | 7,015 |  |  | (5,832 | ) |  | 489,861 |
Income (loss) from operations |  | 59 |  |  | 487 |  |  | (625 | ) |  | (77 | ) |  | (156 | )
Other expense, net |  | (13,285 | ) |  | (2,508 | ) |  | (693 | ) |  | 77 |  |  | (16,409 | )
Equity investment income, net |  | — |  |  | 608 |  |  | — |  |  | — |  |  | 608 |
Loss before benefit from income taxes |  | (13,226 | ) |  | (1,413 | ) |  | (1,318 | ) |  | — |  |  | (15,957 | )
Benefit from income taxes |  | 5,579 |  |  | 1,065 |  |  | — |  |  | — |  |  | 6,644 |
Net loss before equity in loss of consolidated subsidiaries |  | (7,647 | ) |  | (348 | ) |  | (1,318 | ) |  | — |  |  | (9,313 | )
Equity in loss of consolidated subsidiaries |  | (1,673 | ) |  | (1,325 | ) |  | — |  |  | 2,998 |  |  | — |
Net loss |  | (9,320 | ) |  | (1,673 | ) |  | (1,318 | ) |  | 2,998 |  |  | (9,313 | )
Net income attributable to noncontrolling interests |  | — |  |  | — |  |  | (7 | ) |  | — |  |  | (7 | )
Net loss attributable to Vail Resorts, Inc. |  | $ | (9,320 | ) |  | $ | (1,673 | ) |  | $ | (1,325 | ) |  | $ | 2,998 |  |  | $ | (9,320 | )
SupplementalCondensedStatementofComprehensiveIncome [Text Block] | Statement of Comprehensive Income (Loss) For the three months ended January 31, 2013 (In thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Net income (loss) |  | $ | 60,551 |  |  | $ | 64,709 |  |  | $ | (27 | ) |  | $ | (64,704 | ) |  | $ | 60,529 |
Foreign currency translation adjustments, net of tax |  | 159 |  |  | 159 |  |  | 159 |  |  | (318 | ) |  | 159 |
Comprehensive income |  | 60,710 |  |  | 64,868 |  |  | 132 |  |  | (65,022 | ) |  | 60,688 |
Comprehensive loss attributable to noncontrolling interests |  | — |  |  | — |  |  | 22 |  |  | — |  |  | 22 |
Comprehensive income attributable to Vail Resorts, Inc. |  | $ | 60,710 |  |  | $ | 64,868 |  |  | $ | 154 |  |  | $ | (65,022 | ) |  | $ | 60,710 |
Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss) For the three months ended January 31, 2012 (In thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Net income (loss) |  | $ | 46,389 |  |  | $ | 50,353 |  |  | $ | (9 | ) |  | $ | (50,312 | ) |  | $ | 46,421 |
Foreign currency translation adjustments, net of tax |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive income (loss) |  | 46,389 |  |  | 50,353 |  |  | (9 | ) |  | (50,312 | ) |  | 46,421 |
Comprehensive income attributable to noncontrolling interests |  | — |  |  | — |  |  | (32 | ) |  | — |  |  | (32 | )
Comprehensive income (loss) attributable to Vail Resorts, Inc. |  | $ | 46,389 |  |  | $ | 50,353 |  |  | $ | (41 | ) |  | $ | (50,312 | ) |  | $ | 46,389 |
Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss) For the six months ended January 31, 2013 (In thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Net (loss) income |  | $ | (29 | ) |  | $ | 8,242 |  |  | $ | (1,974 | ) |  | $ | (6,313 | ) |  | $ | (74 | )
Foreign currency translation adjustments, net of tax |  | 453 |  |  | 453 |  |  | 453 |  |  | (906 | ) |  | 453 |
Comprehensive income (loss) |  | 424 |  |  | 8,695 |  |  | (1,521 | ) |  | (7,219 | ) |  | 379 |
Comprehensive loss attributable to noncontrolling interests |  | — |  |  | — |  |  | 45 |  |  | — |  |  | 45 |
Comprehensive income (loss) attributable to Vail Resorts, Inc. |  | $ | 424 |  |  | $ | 8,695 |  |  | $ | (1,476 | ) |  | $ | (7,219 | ) |  | $ | 424 |
Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss) For the six months ended January 31, 2012 (In thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Eliminating Entries |  | Consolidated
Net loss |  | $ | (9,320 | ) |  | $ | (1,673 | ) |  | $ | (1,318 | ) |  | $ | 2,998 |  |  | $ | (9,313 | )
Foreign currency translation adjustments, net of tax |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Comprehensive loss |  | (9,320 | ) |  | (1,673 | ) |  | (1,318 | ) |  | 2,998 |  |  | (9,313 | )
Comprehensive income attributable to noncontrolling interests |  | — |  |  | — |  |  | (7 | ) |  | — |  |  | (7 | )
Comprehensive loss attributable to Vail Resorts, Inc. |  | $ | (9,320 | ) |  | $ | (1,673 | ) |  | $ | (1,325 | ) |  | $ | 2,998 |  |  | $ | (9,320 | )
Supplemental Condensed Consolidating Statement Of Cash Flows | Supplemental Condensed Consolidating Statement of Cash Flows For the six months ended January 31, 2013 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Consolidated
Net cash (used in) provided by operating activities |  | $ | (14,033 | ) |  | $ | 185,445 |  |  | $ | (135 | ) |  | $ | 171,277 |
Cash flows from investing activities: |  |  |  |  |  |  |  |
Capital expenditures |  | — |  |  | (53,385 | ) |  | (535 | ) |  | (53,920 | )
Acquisition of businesses |  | — |  |  | (19,958 | ) |  | — |  |  | (19,958 | )
Other investing activities, net |  | — |  |  | 228 |  |  | 18 |  |  | 246 |
Net cash used in investing activities |  | — |  |  | (73,115 | ) |  | (517 | ) |  | (73,632 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |
Proceeds from borrowings under other long-term debt |  | — |  |  | 96,000 |  |  | — |  |  | 96,000 |
Payments of other long-term debt |  | — |  |  | (96,236 | ) |  | (208 | ) |  | (96,444 | )
Dividends paid |  | (13,458 | ) |  | — |  |  | — |  |  | (13,458 | )
Other financing activities, net |  | 3,934 |  |  | 2,585 |  |  | 203 |  |  | 6,722 |
Advances |  | 23,557 |  |  | (23,801 | ) |  | 244 |  |  | — |
Net cash provided by (used in) financing activities |  | 14,033 |  |  | (21,452 | ) |  | 239 |  |  | (7,180 | )
Effect of exchange rate changes on cash and cash equivalents |  | — |  |  | — |  |  | 61 |  |  | 61 |
Net increase (decrease) in cash and cash equivalents |  | — |  |  | 90,878 |  |  | (352 | ) |  | 90,526 |
Cash and cash equivalents: |  |  |  |  |  |  |  |
Beginning of period |  | — |  |  | 38,380 |  |  | 7,673 |  |  | 46,053 |
End of period |  | $ | — |  |  | $ | 129,258 |  |  | $ | 7,321 |  |  | $ | 136,579 |
Supplemental Condensed Consolidating Statement of Cash Flows For the six months ended January 31, 2012 (in thousands) (Unaudited)
|  | Parent Company |  | 100% Owned Guarantor Subsidiaries |  | Other Subsidiaries |  | Consolidated
Net cash (used in) provided by operating activities |  | $ | (15,584 | ) |  | $ | 152,379 |  |  | $ | 594 |  |  | $ | 137,389 |
Cash flows from investing activities: |  |  |  |  |  |  |  |
Capital expenditures |  | — |  |  | (93,117 | ) |  | (69 | ) |  | (93,186 | )
Acquisition of business |  | — |  |  | 342 |  |  | — |  |  | 342 |
Other investing activities, net |  | — |  |  | (904 | ) |  | — |  |  | (904 | )
Net cash used in investing activities |  | — |  |  | (93,679 | ) |  | (69 | ) |  | (93,748 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |
Proceeds from borrowings under other long-term debt |  | — |  |  | 56,000 |  |  | — |  |  | 56,000 |
Payments of long-term debt |  | — |  |  | (56,186 | ) |  | (197 | ) |  | (56,383 | )
Repurchase of common stock |  | (7,869 | ) |  | — |  |  | — |  |  | (7,869 | )
Dividends paid |  | (10,801 | ) |  | — |  |  | — |  |  | (10,801 | )
Other financing activities, net |  | 912 |  |  | (373 | ) |  | 372 |  |  | 911 |
Advances |  | 33,342 |  |  | (33,342 | ) |  | — |  |  | — |
Net cash provided by (used in) financing activities |  | 15,584 |  |  | (33,901 | ) |  | 175 |  |  | (18,142 | )
Net increase in cash and cash equivalents |  | — |  |  | 24,799 |  |  | 700 |  |  | 25,499 |
Cash and cash equivalents: |  |  |  |  |  |  |  |
Beginning of period |  | — |  |  | 63,365 |  |  | 6,778 |  |  | 70,143 |
End of period |  | $ | — |  |  | $ | 88,164 |  |  | $ | 7,478 |  |  | $ | 95,642 |

X
- Details
Name: | mtn_GuarantorSubsidiariesAndNonGuarantorSubsidiaries
Namespace Prefix: | mtn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed consolidated balance sheet for the periods presented. + References No definition available. + Details
Name: | mtn_SupplementalBalanceSheetTableTextBlock
Namespace Prefix: | mtn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed consolidating cash flows for the periods presented. + References No definition available. + Details
Name: | mtn_SupplementalCondensedConsolidatingStatementOfCashFlowsTableTextBlock
Namespace Prefix: | mtn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition SupplementalCondensedStatementofComprehensiveIncome [Text Block] + References No definition available. + Details
Name: | mtn_SupplementalcondensedstatementofcomprehensiveincomeTextBlock
Namespace Prefix: | mtn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed consolidating statement of operations for the periods presented. + References No definition available. + Details
Name: | mtn_SupplementalStatementOfOperationsTableTextBlock
Namespace Prefix: | mtn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration